小路今年15岁，初中毕业考上了职业中专。由于父母离异，法院将其判给了爸爸。但是爸爸很快为小路找了继母。继母对小路并不好，不让爸爸给小路筹集学费。而小路的生母由于一直没有一个很好的工作，也没钱供小路上学。学费问题严重困扰着小路。上述案例中，小路面临的主要困境是（ ）
Step 1 Divide the annual interest rate by 2 to calculate the semiannual rate. For example, if the annual interest rate equals 9.2 percent, you would divide 9.2 by 2 to find the semiannual rate to be 4.6 percent. Video of the Day Step 2 Divide the semiannual interest rate by 100 to cov...
Step 1 Divide the annual interest rate by 2 to calculate the semiannual rate. For example, if the annual interest rate equals 9.2 percent, you would divide 9.2 by 2 to find the semiannual rate to be 4.6 percent. Video of the Day Step 2 Divide the semiannual interest rate by 100 to cov...
Formula for calculating amortized interest Here’s how to calculate the interest on an amortized loan: Divide your interest rate by the number of payments you’ll make that year. If you have a 6 percent interest rate and you make monthly payments, you would divide 0.06 by 12 to get 0.005...
How to calculate interest rate from annuity formula - OpenTuition.com Free resources for accountancy studentshttps://www.facebook.com/opentuitioncom
Use this simple technique to calculate the interest that you can earn on the money deposited in your savings account. Step 1 To begin, identify the current interest rate (rate of return) that your financial institution pays on the balance in your savings account. This can usually be found on...
Solving the EBIT Equation for Interest You can rearrange the EBIT equation to solve the interest expense formula: Interest = EBIT – Net Income – Taxes The result should equal the interest expense calculated on the corporation's income statement for the period. ...
Calculate Interest Rates for Intra-Year Compounding You can find the compounded interest rate given an annual interest rate and a dollar amount. The EFFECT worksheet function uses the following formula: =EFFECT(EFFECT(k,m)*n,n) To use the general equation ...
We’ll calculate the Monthly and Yearly Interest Rates, as well as the Effective and Nominal Interest Rates, using formulas and functions. Method 1 – Use a Formula to Calculate the Periodic Interest Rate in Excel We will compute the interest rate for months and then for years in the two ...
Now the interest payment of every half year is calculated immediately. See screenshot: Calculate total interest paid on a loan in Excel Sometimes, you may want to calculate the total interest paid on a loan. For periodic, constant payments and constant interest rate, you can apply the IPMT ...